NOT LISTED FOR SALE

5230 Bunch Rd Summerfield, NC 27358

Estimated Value: $122,000 - $353,000

6.01 Acres
$42,349 Price per Acre
261,796 Sq Ft Lot

Sale Details

Date Sold: March 10, 2016

Last sale price $116,000

Est. 119% increase in value since last sale

Current estimated payment $1,471 / mo

391 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Lot Has A Rolling Slope
  • Oak Ridge Elementary School Rated A-

About This Lot

As of March 2016

Beautiful, Private 6 Acre Lot with Pond Access . It backs up to Greensboro's Reedy Fork Creek Watershed Buffer. Bring your Builder!

Last Agent to Sell the Property

Doug Pollet

Real Broker LLC License #239521 Listed on: 12/23/2014

Co-Listed By

David Lanzi

Keller Williams One License #259774

Last Buyer's Agent

Alan Palmer

Coldwell Banker Advantage License #276401

Coldwell Banker Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $825

Lot Details

  • 6.01 Acre Lot
  • Property fronts a county road
  • Property fronts an easement
  • Rural Setting
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RS-40

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0149249
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$825

Lot Details

6.01 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 6.01
  • Road Frontage Type: Easement, 2-Lane, Public, County Road
  • Co List Office Mls Id: GKWG01
  • Co List Office Phone: 336-297-4545
  • Directions: Pleasant Ridge to Bunch, Property on Right across from Trotters Ridge
  • TRIADMLS_PhoneYN: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Rural, Wooded, Sloped, Rolling Slope, Partially Cleared

Utilities

  • Sewer: Septic Tank
  • Electric: Duke Power
  • Water Source: Well
  • TRIADMLS_CableYN: Yes
  • Gas Company: Type: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Parcel #: 0149249
  • Zoning: RS-40
  • TRIADMLS_AcresRange: 5 - 106

Tax Info

  • Tax Annual Amount: 825.44
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.9285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2014
Closed on
Mar 3, 2016
Sold by
Iorio John S and Iorio Engle H
Bought by
Perez Anthony L and Perez Mary Elizbaeth H
Seller's Agent
Doug Pollet
Real Broker LLC
Buyer's Agent
Alan Palmer
Coldwell Banker Advantage
List Price
$175,500
Sold Price
$116,000
Premium/Discount to List
-$59,500
-33.9%
Current Estimated Value
$254,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,516
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Dec 19, 2001
Sold by
Dumas Richard F and Dumas Kathleen J
Bought by
Iorio John S and Iorio Engle H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.42%

Purchase Details

Closed on
Apr 29, 1999
Sold by
Sessoms Development Inc
Bought by
Dumas Richard F and Dumas Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.06%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Perez Anthony L $116,000 None Available
Iorio John S $300,000 --
Dumas Richard F $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iorio John S $225,000
Previous Owner Dumas Richard F $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $116,000 -33.9% --
01/19/2016 01/19/16 Pending -- -- --
12/23/2014 12/23/14 For Sale $175,500 -- --
Source: Triad MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,462 $164,500 $164,500 --
2024 $1,462 $164,500 $164,500 --
2023 $1,462 $164,500 $164,500 $0
2022 $1,462 $164,500 $164,500 $0
2021 $1,016 $114,300 $114,300 $0
2020 $1,016 $114,300 $114,300 $0
2019 $1,016 $114,300 $0 $0
2018 $0 $114,300 $0 $0
2017 $1,011 $114,300 $0 $0
2016 $812 $88,900 $0 $0
2015 $817 $88,900 $0 $0
2014 $825 $88,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 726959

Triad MLS

APN: 0149249

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